QUESTION 38 Mike rents an apartment for $400.00 for the summer when he is taking classes at Nassau Community College. but he has no income. The landlord requires his parents co-sign the lease guaranty payment. This contract does not have to be in writing. \" \\ True False QUESTION 39 A unilateral contract is formed when the person either starts to complete the contract or completes the act requested. \"True \" \" False QUESTION 40 Jen and Ben get engaged and Ben gives Jen a diamond engagement ring. Ben falls in love with Jen's roommate and breaks the engagement. In New York State Jen can keep the ring, since Ben in the one that broke the engagement. "True ' ' False QUESTION 41 Bill enters into a contract to invest with Dave, whereby Dave would advance Bill his share of his investment at a 40% interest rate. The contract would not be enforced because this is: ' i 3- Usury and the contract is void ' ' b- Duress and the contract is void I x 0- Fraud and the contract is voidable \" i d- Res Ipsa Loquitor and the contract is voidable QUESTION 42 Hugo Boss, asks his employee Pee Wee Herman to buy 50 boxes of Girl Scout cookies from his daughter. He agrees to do so. Pee Wee a- cannot rescind the contract because 50 boxes is not an unreasonable amount of cookies. b- cannot rescind the contract because he is an adult and Boss did not hold a gun to his head. ' ' C can rescind the contract because he felt pressured to buy the cookies because Hugo was his boss and this is considered undue inuence ' ' d- can rescind the contract because he is not a girl scout